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European stocks up modestly ahead of US data (AP)

People walk through the rain past the New York Stock Exchange in New York early on Tuesday, March 30, 2010. A second major storm in less than a month continued to drench the east coast as forecasters predicted 'dangerous flooding'. A statue of George Washington is at right. (AP Photo/Peter Morgan)AP – European stock markets rose modestly Wednesday following a late rebound on Wall Street in the previous session and ahead of a raft of U.S. economic data, though the long Easter break kept trading volumes light.